Intelligent Highway Solutions, Inc. (fka IHSI)

[Toxic Avenger]

Most pinks don't have millions in losses but IHSI is on track for $1 million in losses this year.

Gross profit on well run companies runs from 25 to 60 percent depending on the business. A 1.8% profit margin on direct costs is simply embarrassing. It means if labor or material costs rise 2%, the company will actually LOSE money on every unit of work it sells. And that's BEFORE all the overhead costs.

It's clear now why Crescent sold out to a stinky pinkie. And IHSI still needs to come up with a lot of cash to pay the Crescent note.